Tom Wilson

What is probate? Probate is the process of dealing with the estate of someone who has died, which generally means clearing their debts and distributing their assets in accordance with their will. In our video, we explain the probate process and how to administer the estate of someone who has died. Need help with probate? Download our free checklist from our legal experts to help you through the process.

Investors in Neil Woodford’s flagship Equity Income Fund have been left in limbo, unable to access their investments for at least four weeks, after trading in the fund was suspended on Monday. The suspension was announced after the fund manager struggled to keep up with investors’ requests to withdraw their money in the light of poor performance, with withdrawals averaging £9m per day in May.

If you invest with a fund supermarket, it’s relatively easy to find out what you’ll pay – but lurking in the small print of many providers are sneaky clauses that snare you with high fees if you want to move your money elsewhere. That should soon all change, as the Financial Conduct Authority (FCA) yesterday announced a shake-up of investment supermarkets that should make them work better for investors.